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远东传动:2024 年实现净利润1.18亿元 等速驱动轴业务收入同比大增200%

Core Viewpoint - The company reported significant growth in revenue and net profit for the year 2024, driven by strong performance in its constant velocity joint (CVJ) business and successful expansion into the new energy vehicle market [1][2]. Financial Performance - The company achieved operating revenue of 1.277 billion yuan and a net profit attributable to shareholders of 118 million yuan, representing a year-on-year increase of 25.76% [1]. - The net cash flow from operating activities reached 108 million yuan, up 247% year-on-year [1]. - The company plans to distribute a cash dividend of 1.5 yuan per 10 shares (tax included) to all shareholders [1]. Business Growth - The CVJ business saw explosive growth, with sales revenue reaching 93 million yuan, a 200% increase year-on-year [1][2]. - Despite a contracting commercial vehicle market, the company maintained revenue stability and profit growth through strategies like "volume-based pricing" and "cost reduction and efficiency enhancement" [2]. - The company’s export total reached 145 million yuan, marking a 15.12% increase year-on-year, with a focus on expanding its presence in overseas markets [2]. Technological Innovation - The company emphasizes continuous investment in research and development, participating in multiple national and provincial key technology projects [3]. - It has established partnerships with universities and research institutions to foster innovation and shared patent resources [3]. - The company has developed new low-energy, long-life CVJ products and optimized its product performance and profit margins through advanced manufacturing techniques [3]. Future Strategy - The company plans to continue its innovation-driven and smart manufacturing strategy, enhancing product technology and market expansion [4]. - It aims to optimize capacity layout and governance structure to improve management efficiency and risk resilience [4].